Dior New Designer Announcement Coming Soon

Dior Will Announce New Designer "In the Next Few Weeks"

>> Sidney Toledano, president and CEO of Dior, gave an update yesterday on the status of the label's designer search (Bill Gaytten, acting head of design, oversaw both the Spring 2012 Dior and John Galliano collections): "We will have news in the next few weeks."

He refused to suggest who it might be, but when Marc Jacobs's name was brought up, Toledano paused, then replied: "There is an old proverb, those who don't know, speak loudly. Those who know, stay silent." As for the company as a whole, Toledano says, "Business has been great," but declined to go into further detail.

A "source close to LVMH" recently told Vogue UK: "For Dior, it's a pretty tricky situation, as the three favourites really can't take the job. Haider Ackermann is said to be 'way too edgy' for Dior; Marc Jacobs wanted the job a lot, but LVMH wants him to stick with Vuitton; and Riccardo Tisci simply refused, saying that he was feeling more than comfortable with the job at Givenchy. So nobody's taking over so far."